Good morning, and welcome to the 2020 Annual Meeting of Stockholders of Glaukos Corporation. Please note that this event is being webcast. I would now like to turn the conference over to Doctor. William Link, Chairman of the Board of Directors of Glaukos Corporation. Doctor.
Link, please go ahead.
Good morning, everyone. I am William Link, Chairman of the Board of Directors of Glaukos Corporation, and it is my pleasure to welcome you to our 2020 Annual Meeting of Stockholders. I will act as Chair for the meeting, and I now call the meeting to order. We are hosting this annual meeting virtually over the Internet. A virtual meeting is an annual meeting that takes place exclusively via Internet webcast and we believe that through this online platform, we can increase shareholder access and participation.
I would now like to turn the meeting over to Robert Davis, Senior Vice President, General Counsel and Quality Assurance and Secretary of Glaukos Corporation for some brief procedural announcements.
Thank you, Bill. Good morning and welcome everyone. The agenda and the rules of conduct for today's meeting are available for viewing on your screen during the webcast. Stockholders who desire to ask a question during the meeting may do so by presenting the question in writing where indicated on the webcast portal for this meeting. We'll be happy to respond to appropriate questions about the proposals being voted on today after all of the proposals are presented before the meeting.
We will also conduct a brief question and answer session at the end of the meeting if stockholders have any business related questions. Please note that only stockholders will be permitted to ask questions and out of consideration for others, please limit yourself to one question. And finally, please note that this meeting is being officially recorded. For that reason, no one attending via the webcast or telephone is permitted to use any audio recording device.
Thank you, Robert. At this time, I'd like to introduce the members of the company's Board of Directors who are present or otherwise participating on the call today. In addition to myself, they are Tom Burns, who is also our President and Chief Executive Officer Mark Foley, David Hofmeister, Doctor. Gilbert Kleiman, Mark Stapley and Amy Wiesner. I would also like to introduce the company's executive officers who are present on the call today.
I have already introduced you to Tom Burns, our President and Chief Executive Officer and Robert Davis. Also present on the call today are Joe Gilliam, our Chief Financial Officer and Senior Vice President of Corporate Development and Chris Lewis, Director, Investor and Corporate Strategy and Development. Also in attendance at today's meeting is Mary Garrett, a partner at the accounting firm of Ernst and Young, our independent registered public accounting firm. She will be available during the question and answer session to respond to appropriate questions. In addition, I would like to introduce Lewis Larsen, a representative of Broadridge Financial Solutions, who has been appointed as Inspector of Elections and will tabulate the voting results for today's meeting.
Mr. Davis is serving as secretary for the annual meeting. Mr. Davis, would you please report on mailing of the notice for the annual meeting, the number of shares represented at the meeting and whether a quorum is present?
I hereby present an affidavit of Broadridge Financial Solutions attesting that notice of today's annual meeting was made available to all stockholders of record of Glaukos Corporation commencing on April 24, 2020. The affidavit will be included with the minutes of this meeting. On the record date of April 8, 2020, there were 44,179,614 shares of common stock outstanding and entitled to vote at this meeting. I'm advised by the Inspector of Elections that stockholders holding at least 50% of the outstanding shares of common stock entitled to vote are present at this meeting in person or represented by proxy. A quorum is therefore present and business is authorized to be transacted at this meeting.
Thank you. I will now proceed with the formal business of the meeting. There are 3 items of business to be considered and voted on by stockholders. The first item of business is the election of 2 Class II directors to serve a term that expires at the company's 2023 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified. The Board of Directors nominees are Amy Wiesner and myself, William J.
Link. Because no other nominations were received in accordance with advance notice provisions by Glaukos' bylaws, all nominations are now closed. The Board of Directors recommends a vote for all of the director nominees. The second item of business is the proposal to approve on an advisory basis the compensation of the company's named executive officers as described in the proxy statement. As further described in the proxy statement, we are asking stockholders to vote on the following resolution: Resolved that the company's stockholders approve on an advisory basis the compensation paid to the company's named executive officers as set forth under executive compensation, including the compensation discussion and analysis, summary, compensation table and the related compensation tables and narrative disclosure in the proxy statement for the 2020 Annual Meeting of Stockholders.
The Board of Directors recommends a vote for the approval on an advisory basis of the compensation of the company's named executive officers. The 3rd and final item of business is the proposal to ratify the appointment of Ernst and Young to serve as Glaukos' independent registered public accounting firm for the year ending December 31, 2020. The Board of Directors recommends a vote for the ratification of the appointment of Ernst and Young. That concludes the introduction of all matters requiring a stockholder vote. Are there any questions on any of the proposals?
Proxy and electronic ballot. If you have already submitted a proxy by telephone, Internet or mail and do not wish to change your vote, you do not need to do anything else at this time. Any stockholder who hasn't yet voted or wishes to change his or her vote may do so by clicking on the vote here button on the webcast portal and following the instructions. If you have not yet submitted a proxy or electronic ballot, you must submit your electronic ballot now in order for your vote to be counted by the Inspector of Elections. We will now leave the polls open for a few moments to allow everyone who chooses to vote electronically to cast the ballot.
Now that everyone has had the opportunity to vote, I now declare the polls closed. Mr. Larson, the Inspector of Elections will now report the preliminary voting results. Mr. Larson?
With respect to proposal 1, Ms. Weisner and Doctor. Link each received a plurality of the votes cast on the proposal at today's annual meeting, representing in excess of 50% of the shares of common stock present or represented by proxy entitled to vote on the proposal. With respect to Proposal 2, stockholders holding in excess of 50% of the shares of common stock present or represented by proxy and entitled to vote on the proposal at today's annual meeting, voted for the approval on an advisory basis of the compensation of the company's named executive officers. With respect to proposal 3, stockholders holding in excess of 50% of shares of common stock, present or represented by proxy and entitled to vote on the proposal at today's annual meeting, voted for ratification of the appointment of Ernst and Young LLP as the company's independent registered public accounting firm for the fiscal year 2020.
Thank you, Mr. Larson. Based on the results tabulated by the Inspector of Elections, the vote shows that the stockholders will have elected each of Ms. Wiesner and Doctor. Link as Class II directors for a term expiring at the 2023 Annual Meeting of Stockholders and until his or her respective successor has been duly elected and qualified, approved on an advisory basis the compensation of Glaukos' named executive officers and ratified the appointment of Ernst and Young as Glaukos' independent registered public accounting firm for fiscal 2020.
The final results of the vote today will be reported in a Form 8 ks to be filed with the Securities and Exchange Commission within the next 4 business days. Ladies and gentlemen, that concludes our planned agenda. There is no other formal business before the meeting today, and I now declare the meeting adjourned.
Hi, I'm Joe Gilliam, Chief Financial Officer of Glaukos Corporation. Thank you for participating today in our annual meeting. We would now welcome questions from our stockholders about other matters relating to our business. This question and answer session will last no longer than 15 minutes. With us for the Q and A are Tom Burns, our President and Chief Executive Officer and myself.
So that we may answer questions from as many stockholders as possible, we request that stockholders only ask one question so that others may have an opportunity to ask their questions. Before we begin, I would like to note that our responses to your questions may include forward looking statements. Our actual results may differ materially from those projected in these statements. Please review the Risk Factors section included our most recent quarterly report on Form 10 Q filed with the Securities and Exchange Commission for a discussion of factors that may cause actual results to differ from those projected in the forward looking statements. Okay.
There appear to be no questions at this time. So the question and answer period is concluded. Thank you for joining